![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, October 04, 2017 10:16:46 AM
The maximum you would pay is 39% assuming you were in the highest tax bracket in the USA for short term.
If you want to do it the smart way, the reason people keep a "core" position is for the "pop" dream, and also because of taxes.
If you sell 1/3 or 1/2 of your position every time it pops 20% or more, which has happened about twice a year for the last 3 years. You will almost always have a batch of shares that have been in the cooker for at least one year. So you are really only paying 15% in taxes.
So once again, if you are missing the 20% pops, there is no reason for that.
If you are really aggressive, just open a trading account using your nieces and nephews that are in school and have no income. They can pay as low as 10% tax on short term, and are allowed to gift you the money tax free.
Do everything in 15k amounts if your crazy and hate taxes.
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM